Judy Hsu, the CEO of Standard Chartered, highlights the critical role of equities in retirement portfolios despite current market fluctuations. Recent trends show a notable withdrawal of funds from Indian equity markets due to global economic changes. The bank has observed a rapid rise in private credit interest among high-net-worth individuals, while entrepreneurs emerge as the fastest-growing demographic of Standard Chartered’s affluent clientele globally.
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressures
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating